universal ma cross ea
Info
The universal ma cross ea is a Expert Advisor for MetaTrader 5 that idea by:mql5 code by:the ea trades on two moving average indicators and allows selecting the method of defining the position size: manually (having set the lotsparameter to more than zero, and the riskparameter to zero) or in the risk percentage of free margin per trade (having set the riskparameter to more than zero and the lotsparameter to zero). stop loss, take profit, and trailing can be enabled/disabled.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use universal ma cross ea
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
idea by:mql5 code by:the ea trades on two moving average indicators and allows selecting the method of defining the position size: manually (having set the lotsparameter to more than zero, and the riskparameter to zero) or in the risk percentage of free margin per trade (having set the riskparameter to more than zero and the lotsparameter to zero).
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Simple EMA Cross Expert Advisor with Stop Loss, Take Profit, and Magic Number - another powerful expert for MetaTrader 5 traders.
Also recommended: universal breakout study expert advisor for mt4/mt5 - similar expert with strong performance on MetaTrader 5.
idea by:
mql5 code by
:
the ea trades on two moving average indicators and allows selecting the method of defining the position size: manually (having set the
lots
parameter to more than zero, and the
risk
parameter to zero) or in the risk percentage of free margin per trade (having set the
risk
parameter to more than zero and the
lots
parameter to zero).
stop loss, take profit, and trailing can be enabled/disabled. you can trade within a limited time period (having set the
use hour trade
parameter to "true" and defined the values of the
start hour
and
end hour
parameters).
the test results on h1 in the "every tick" mode from 2018.01.01 to 2018.05.01:
You may also like: pro ma crossover ea for mt5 - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.